ESG Concerns: What Does This Mean for the Fashion Industry"
We uncover the growing environmental, social and governance concerns that are becoming a pressing matter for brands who wish to stay afloat in an industry that faces such scrutiny.
The post ESG Concerns: What Does This Mean for the Fashion Industry" appeared first on LUXUO.
As the climate crisis worsens, the fashion industry is called upon to take further action and responsibility for its ecological footprint. We uncover the growing environmental, social and governance concerns that are becoming a pressing matter for brands who wish to stay afloat in an industry that faces such scrutiny.
It is no secret that the fashion and textile industry is one of our planet?s most detrimental and polluting sectors. Following the fast fashion business model, the industry has proven to impose incredibly negative impacts on our environment. It is notably responsible for 10 per cent of humanity?s global carbon emissions, contributing to the pollution of waterways and soil. And overall, generating tons of waste that inevitably have a profound impact on our biodiversity and ecosystems.
Furthermore, this issue is aggravated and made more difficult to ignore because, as a society, we are becoming more aware of social, political and environmental problems such as the climate crisis, sustainable living and of course, ethical fashion. People are speaking up and increasingly voicing their opinions on such matters through social media, generating a movement that influences and pushes f...
The post ESG Concerns: What Does This Mean for the Fashion Industry" appeared first on LUXUO.
As the climate crisis worsens, the fashion industry is called upon to take further action and responsibility for its ecological footprint. We uncover the growing environmental, social and governance concerns that are becoming a pressing matter for brands who wish to stay afloat in an industry that faces such scrutiny.
It is no secret that the fashion and textile industry is one of our planet?s most detrimental and polluting sectors. Following the fast fashion business model, the industry has proven to impose incredibly negative impacts on our environment. It is notably responsible for 10 per cent of humanity?s global carbon emissions, contributing to the pollution of waterways and soil. And overall, generating tons of waste that inevitably have a profound impact on our biodiversity and ecosystems.
Furthermore, this issue is aggravated and made more difficult to ignore because, as a society, we are becoming more aware of social, political and environmental problems such as the climate crisis, sustainable living and of course, ethical fashion. People are speaking up and increasingly voicing their opinions on such matters through social media, generating a movement that influences and pushes f...
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